The Indian rupee is seen tumbling to hit fresh record lows against the dollar on Monday morning, tracking a rebound in US dollar above 108 mark amid safe haven demand. Rising concerns surrounding trade wars between US and China. New tariff threats from US President Donald Trump fueled concerns about inflation, potentially limiting the scope for rate cuts. Amid media reports, US President Donald Trump announced that on Monday the United States will impose 25 per cent tariffs on all steel and aluminium imports, which would come on top of additional metal duties-- expected to be disclosed later in the week. The domestic currency opened at Rs 87.94 per dollar and is so far staying at the record low level. The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with street expectations.